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Homeowners feel the pinch as RBA lifts cash rate to 3.60%
The Reserve Bank of Australia (RBA) has increased the official cash rate for a tenth straight meeting, taking it to 3.60%. How much will this rate hike increase your monthly mortgage repayments, and how many more rate rises are expected to come? The RBA’s latest move...
The great intergenerational wealth transfer
There’s been talk in recent years about the fact Australia will soon face the largest intergenerational wealth transfer in history. What exactly is an intergenerational wealth transfer? Well, it’s a euphemism for the inheritance you stand to receive when your parents...
How much does it cost to purchase property
As if keeping track of the property market wasn’t a full-time job in itself! When you buy a property, it’s more than just the advertised price you’ll need to factor into your plans. Home loan application fees There’s no such thing as a free lunch, and many lenders...
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